Carclo (LON:CAR) Trading Down 15.1% – Here’s Why

Carclo plc (LON:CAR)’s stock price was down 15.1% during mid-day trading on Monday . The company traded as low as GBX 19 ($0.24) and last traded at GBX 19.69 ($0.25). Approximately 793,096 shares were traded during trading, an increase of 294% from the average daily volume of 201,443 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Stock Performance

The stock’s 50-day simple moving average is GBX 24.48 and its 200-day simple moving average is GBX 30.07. The stock has a market cap of £15.56 million, a price-to-earnings ratio of -4.72 and a beta of 0.90. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 961.23.

Carclo (LON:CAR) last announced its earnings results on Thursday, December 5th. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter. Carclo had a negative net margin of 2.49% and a negative return on equity of 61.91%. Analysts forecast that Carclo plc will post 4.4999999 earnings per share for the current fiscal year.

About Carclo

Carclo plc, together with its subsidiaries, engages in the manufacture and sale of injection molded plastic parts. It operates in two segments, CTP and Aerospace. The CTP segment offers value-adding engineered solutions for the life science, optical, and precision component industries. The Aerospace segment supplies systems to the manufacturing and aerospace industries.